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Microsoft Has Big Plans for the Video Game Market

Microsoft Has Big Plans for the Video Game Market

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Microsoft Corp. ( MSFT , Financial) announced on Jan. 18 that it plans to buy Activision Blizzard Inc. ( ATVI , Financial) for $95.00 per share in an all-cash deal worth $68.7 billion. Activision Blizzard is a U.S. video game and interactive entertainment content and services developer and publisher and is one of the world’s major third-party video game publishers, creating and distributing content for video game consoles, personal computers and mobile devices.

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